Springfield, MO April 3-4, 2023
448
Onsite Seminar
Other
04/03/2023 12:00AM
04/04/2023 12:00AM EDT
Please select your state to enroll in this course

Included Classes

Classroom
Elective

Market Disturbances

4
04/03/2023 9:00AM
1:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804

Market analysis is a fundamental cornerstone in completing a credible appraisal.  This course is intended to assist appraisers in understanding the need for and requirements to develop a sound market analysis in residential appraisal reports.

Special emphasis will be given in researching and analyzing markets in atypical scenarios and cycles such as areas impacted by environmental disturbances such as hurricanes and fires and economic turbulences such as real estate bubbles and busts. 

The course begins with a brief discussion as to why a market analysis is an integral part to the appraisal process and is followed by numerous case studies showing research, analysis and reporting strategies

125
Classroom
Elective

Supporting Adjustments: The Journey from Analysis to Adjusting

4
04/04/2023 9:00AM
1:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804
This course focuses on supporting your adjustments in the Sales Comparison Approach when appraising residential properties. 
In this course, you will be reviewing and learning a broad range of material which includes logical and systematic processes and analyses that lead to supportable adjustments in the grid, as well as appropriate methodologies and techniques such as qualitative and quantitative methods and techniques that are found in appraisal and economic theory. Best practices for data collection and verification will be covered, and then how to put it all together in the final report.
The material promises to guide even the most experienced appraiser in helping to overcome some of the more common challenges they face in their assignments.

Course Learning Objectives
At the conclusion of this course, participants will be able to:
Employ analytical tools for better market analysis and highest and best use.
Apply an analysis and process for developing an opinion of trends.
Review and apply an analysis of paired data sets.
Explain and apply grouped data analysis.
125
Classroom
Elective

OS: Responding to a Reconsideration of Value (ROV)

3
04/03/2023 2:00PM
5:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804
Reconsideration of Value (ROV) requests are a common occurrence in mortgage lending appraisals, particularly in overheated markets with high buyer demand. This course is intended to assist appraisers in understanding the necessity for and best practices for responding to such a request in a sound and professional manner. 
Special emphasis will be given on responding impartially, objectively, and without bias to the ROV, since there are proven methods for handling these requests while adhering to USPAP and applicable regulatory requirements, and maintaining a professional relationship with the client.
The course starts with a brief discussion of how ROVs play a valuable role in the appraisal and mortgage lending process, and proceeds to numerous case studies to demonstrate effective research, analysis and reporting strategies.

Course Learning Objectives
At the conclusion of this course, participants will be able to:
•    Prepare a professional response to an ROV
•    Identify rules and regulations pertaining to ROVs
•    Recognize USPAP obligations during the ROV process
•    Develop strategies to minimize the occurrence of ROVs
99
Classroom
Elective

Learning From the Mistakes of Others: Appraisal Disciplinary Case Studies

3
04/04/2023 2:00PM
5:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804
Disciplinary complaints against appraisers have become more numerous over the last several years, although not all complaints result in disciplinary action.  In this course, we will cover the basic components of the appraiser licensing and certification system, and examine the complaint process in general.  We will cover The Appraisal Foundation’s Voluntary Disciplinary Actions Matrix and provide examples of each type of violation listed.  The examples and case studies in this course are all from actual cases against appraisers that were adjudicated by state appraisal enforcement agencies.  Students will learn about common violations and how to avoid them.  We will cover minor development and reporting violations, as well as more serious ETHICS RULE and COMPETENCY RULE violations. We will go over several case study examples and discuss what violations (if any) occurred how the appraiser could have avoided the problem. Finally, we will discuss do’s and don’ts regarding what an appraiser should do if they become the respondent in a complaint.
99
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Springfield, MO April 3-4, 2023

448

Included Classes

Classroom
Elective

Market Disturbances

4
04/03/2023 9:00AM
1:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804

Market analysis is a fundamental cornerstone in completing a credible appraisal.  This course is intended to assist appraisers in understanding the need for and requirements to develop a sound market analysis in residential appraisal reports.

Special emphasis will be given in researching and analyzing markets in atypical scenarios and cycles such as areas impacted by environmental disturbances such as hurricanes and fires and economic turbulences such as real estate bubbles and busts. 

The course begins with a brief discussion as to why a market analysis is an integral part to the appraisal process and is followed by numerous case studies showing research, analysis and reporting strategies

125
Classroom
Elective

Supporting Adjustments: The Journey from Analysis to Adjusting

4
04/04/2023 9:00AM
1:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804
This course focuses on supporting your adjustments in the Sales Comparison Approach when appraising residential properties. 
In this course, you will be reviewing and learning a broad range of material which includes logical and systematic processes and analyses that lead to supportable adjustments in the grid, as well as appropriate methodologies and techniques such as qualitative and quantitative methods and techniques that are found in appraisal and economic theory. Best practices for data collection and verification will be covered, and then how to put it all together in the final report.
The material promises to guide even the most experienced appraiser in helping to overcome some of the more common challenges they face in their assignments.

Course Learning Objectives
At the conclusion of this course, participants will be able to:
Employ analytical tools for better market analysis and highest and best use.
Apply an analysis and process for developing an opinion of trends.
Review and apply an analysis of paired data sets.
Explain and apply grouped data analysis.
125
Classroom
Elective

OS: Responding to a Reconsideration of Value (ROV)

3
04/03/2023 2:00PM
5:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804
Reconsideration of Value (ROV) requests are a common occurrence in mortgage lending appraisals, particularly in overheated markets with high buyer demand. This course is intended to assist appraisers in understanding the necessity for and best practices for responding to such a request in a sound and professional manner. 
Special emphasis will be given on responding impartially, objectively, and without bias to the ROV, since there are proven methods for handling these requests while adhering to USPAP and applicable regulatory requirements, and maintaining a professional relationship with the client.
The course starts with a brief discussion of how ROVs play a valuable role in the appraisal and mortgage lending process, and proceeds to numerous case studies to demonstrate effective research, analysis and reporting strategies.

Course Learning Objectives
At the conclusion of this course, participants will be able to:
•    Prepare a professional response to an ROV
•    Identify rules and regulations pertaining to ROVs
•    Recognize USPAP obligations during the ROV process
•    Develop strategies to minimize the occurrence of ROVs
99
Classroom
Elective

Learning From the Mistakes of Others: Appraisal Disciplinary Case Studies

3
04/04/2023 2:00PM
5:00PM EDT
Julie Molendorp
 
Greater Springfield Board of Realtors
1310 E Primrose
Springfield, MO 65804
Disciplinary complaints against appraisers have become more numerous over the last several years, although not all complaints result in disciplinary action.  In this course, we will cover the basic components of the appraiser licensing and certification system, and examine the complaint process in general.  We will cover The Appraisal Foundation’s Voluntary Disciplinary Actions Matrix and provide examples of each type of violation listed.  The examples and case studies in this course are all from actual cases against appraisers that were adjudicated by state appraisal enforcement agencies.  Students will learn about common violations and how to avoid them.  We will cover minor development and reporting violations, as well as more serious ETHICS RULE and COMPETENCY RULE violations. We will go over several case study examples and discuss what violations (if any) occurred how the appraiser could have avoided the problem. Finally, we will discuss do’s and don’ts regarding what an appraiser should do if they become the respondent in a complaint.
99